Publication Date: September 2010
Publisher: National Center for Policy Analysis (U.S.)
Author(s): Pamela Villarreal; Michael Barba
Research Area: Business
Keywords: taxes; tax credit; R&D tax credit
Coverage: United States
Prior to the 1970s, there were barriers to foreign investment, such as laws limiting ownership of U.S. corporations. As trade barriers fell in the 1970s and the economies of countries in North America, Europe and Asia became more integrated, U.S. policymakers focused on incentives to attract foreign investment.
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